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Diagnostics Industry Market Research And Statistics

The diagnostics industry involves testing patients to detect disease. Diagnosis can be used in the case of patients already presenting symptoms of disease, to screen asymptomatic patients as a matter of routine, and to allow ongoing testing in patients with disease to establish prognosis or check progress of therapy.

The market can be broadly divided into:

  • In vitro diagnostics (IVD), which refers to testing samples of blood, tissue, etc.
  • In vivo diagnostics, which refers to the testing of organ function and tissue, for example electrocardiography.
  • Medical imaging, such as x-rays, computerized axial tomography (CAT), mammograms and magnetic resonance imaging (MRI).

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